Shiu, Yung-Ming - In: Applied Economics Letters 12 (2005) 6, pp. 339-344
This paper examines the solvency determinants, including economic and firm-specific factors, in the United Kingdom life insurance market. Using panel data for 1986-1999, it is found that solvency was positively related to bonds-to-total assets, equities-to-total assets, and level of new...